Hey, there! We have some great news to share with you! 📢🔥 The APRIL 2025 market report is now ready! It's critical to keep informed, so follow the link for the complete story. Stay current and in the know! 😉✨
Access Manhattan Full Report Here!
Access Brooklyn Full Report Here!
Access Queens Full Report Here!
Also, we wanted to wish you a good week full of happiness and success. May every day offer you new opportunities and delight!
#realestate #NYC #agentsofcompass #thriveatcompass #forrent #forsale #buyers #sellers
A sleek black overlay titled "Manhattan Market Report – April 2025" from Compass is placed over a photo of a stylish home office. The report highlights key market stats: Average Condo Sales Price at $3.3M, Median Condo Price at $1.9M, Average Co-op Sales Price at $1.4M, Median Co-op Price at $850K, a 3.5% inventory increase from March 2025, and an 8% average discount. The source is RLS and ACRIS. The setting behind the graphic includes a modern beige desk, open book, white chair, neutral wall art, and a lamp.
Manhattan: Prices Hold as Discounts Widen and Inventory Grows
In April 2025, Manhattan’s residential market remained resilient, with average condo prices steady at $3.3M and the median at $1.9M—demonstrating consistent demand in the high-end sector. Co-op values softened, with the average slipping to $1.4M (down from $1.7M in March) and the median settling at $850K. Inventory saw a modest 3.5% uptick from March, a slower rise than the previous month’s surge, signaling a more measured pace of new listings. Buyers continued to benefit from negotiation room, with average discounts widening to 8%, up from 7% last month.
ALT Text (for accessibility): A sleek black overlay titled "Brooklyn Market Report – April 2025" from Compass is placed over a photo of a bright, modern dining area. The report highlights key market stats: Average Condo Sales Price at $1.3M, Median Condo Price at $1.0M, Average Co-op Sales Price at $742K, Median Co-op Price at $517K, a 3.1% inventory increase from March 2025, and a 5% average discount. The source is RLS and ACRIS. The setting behind the graphic includes large black-framed glass doors opening to a private patio, light stone tile flooring, and the legs of a wooden dining table and chairs. The location is noted as 59 Cheever Place.
Brooklyn: A Market in Transition (Hypothetical Example)
Brooklyn’s market in April 2025 reflects shifting dynamics. While condo prices hovered near $1.1M on average and the median reached $875K, co-ops remained attractive at $780K average and $695K median. Inventory rose by 2.8% month-over-month, offering buyers a broader selection. Discounts averaged 6%, signaling increased room for negotiation without dramatic price reductions. Brooklyn continues to balance strong demand with growing supply.
ALT Text (for accessibility): A sleek black overlay titled "Queens Market Report – April 2025" from Compass is placed over a photo of a cozy residential interior. The report highlights key market stats: Average Condo Sales Price at $594K, Median Condo Price at $564K, Average Co-op Sales Price at $350K, Median Co-op Price at $335K, a –0.7% inventory change from March 2025, and a 3% average discount. The source is RLS and ACRIS. The setting behind the graphic includes light wood floors, soft beige walls, a hallway leading to a small desk setup by a window with a green chair and houseplant. The location is noted as 60-23 Woodbine Street.
Queens: Holding Steady with Balanced Demand
In April 2025, Queens held firm as one of NYC’s more accessible boroughs. The average condo price came in at $594K, with the median at $564K, reflecting stable demand. Co-op values averaged $350K, with a median of $335K. Inventory dipped slightly by 0.7% from March, suggesting steady absorption. A modest 3% average discount shows sellers and buyers are generally aligned on value, with fewer price cuts needed to close deals.
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Strategic Insights for Buyers and Sellers
April 2025 market trends across Manhattan, Brooklyn, and Queens reveal a nuanced landscape for buyers and sellers alike. Manhattan continues to lead in the luxury segment with a $3.3M average condo price and notable discounts, signaling potential value for high-end buyers. Brooklyn offers strong mid-market opportunities, with a median condo price of $1.0M and a moderate 5% discount, ideal for move-up buyers and investors seeking long-term growth. Queens presents the most accessible entry point, with the lowest median prices and a slightly contracting inventory—creating urgency for first-time buyers and those seeking quicker, lower-priced transactions.
As inventory shifts and pricing continues to respond to buyer behavior, being proactive and well-informed is key. Whether you’re buying your first home, upsizing, or looking to sell at the right moment, our team at Compass is here to guide you with tailored insights and strategy.
Stay informed. Stay agile. And let NYC’s dynamic market work in your favor.
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Explore the latest NYC real estate trends in Manhattan, Brooklyn, and Queens from March 2025. Featuring insights into average condo, co-op, and house sales prices, market inventory shifts, average discounts, and days on market data. Stay informed on property values, pricing trends, and market conditions with Compass Real Estate’s expert market reports, tailored to guide your real estate decisions.